Multi-Housing’s Recovery Will be Fueled by Apartments, Not Condos

By Anuradha Kher, Online News EditorRaleigh, N.C.–With the multi-housing sector hit with depressed demand and unavailability of construction financing, the forecast for new construction until 2011 is not favorable, according to the FMI Construction Outlook: Second Quarter 2009 Report. The multifamily sector will build projects totaling $42.6 billion in